Apeejay Surrendra Park Hotels reports Q2 FY27 financial results

Apeejay Surrendra Park Hotels has announced its unaudited financial results for the second quarter and six months ended September 30, 2026. The company reported total income of ₹172.85 crores for the quarter and ₹335.32 crores for the six-month period. Profit after tax for the quarter stood at ₹19.99 crores, with the six-month profit after tax at ₹34.89 crores. The financial results were approved by the Board of Directors on November 13, 2026.

Financial Performance Update

Apeejay Surrendra Park Hotels Limited has officially released its unaudited financial results for the quarter and six months period that concluded on September 30, 2026. The Board of Directors reviewed and approved these results in their meeting held on November 13, 2026. The financial statements were prepared in compliance with Indian Accounting Standard 34 (Ind AS 34) and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Standalone Financial Highlights

For the quarter ended September 30, 2026, the company registered revenue from operations of ₹171.11 crores and other income of ₹1.74 crores, leading to a total income of ₹172.85 crores. Total expenses for the quarter were ₹116.73 crores, resulting in a profit before tax of ₹56.12 crores. After accounting for finance costs, depreciation, and tax expenses, the profit after tax for the quarter was ₹19.99 crores.

The six-month period ended September 30, 2026, saw revenue from operations of ₹329.61 crores and other income of ₹5.71 crores, totaling ₹335.32 crores. Total expenses for this period amounted to ₹228.98 crores. The profit before tax for the six months was ₹106.34 crores, and the profit after tax was reported as ₹34.89 crores. The earnings per equity share (basic and diluted) for the quarter were ₹0.94, and for the six-month period, it was ₹1.64.

Consolidated Financial Overview

On a consolidated basis, for the quarter ended September 30, 2026, Apeejay Surrendra Park Hotels reported revenue from operations of ₹179.67 crores and other income of ₹1.36 crores, resulting in total income of ₹181.03 crores. Total expenses for the quarter were ₹125.37 crores, with a profit before tax of ₹55.66 crores. The consolidated profit after tax for the quarter was ₹14.64 crores.

For the six-month period ended September 30, 2026, consolidated revenue from operations stood at ₹346.45 crores and other income at ₹6.15 crores, yielding total income of ₹352.60 crores. Total consolidated expenses were ₹245.29 crores, leading to a profit before tax of ₹107.31 crores. The consolidated profit after tax for the six months was ₹26.13 crores. Consolidated earnings per equity share (basic and diluted) for the quarter were ₹0.69, and for the six-month period, it was ₹1.22.

Other Disclosures

The Audit & Risk Management Committee reviewed the financial results, and the Board of Directors subsequently approved them. The company also noted that the Board of Directors, in their meeting on May 26, 2026, had proposed a final dividend on equity shares for the year ended March 31, 2026, at the rate of Re. 0.75 per share, amounting to ₹16.00 crores. This dividend was approved at the Annual General Meeting held on September 26, 2026, and has been subsequently paid.

Source: BSE

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